“创新是大势所趋，不能半途而废”

Core Viewpoint - The company successfully transformed from a traditional fuel vehicle parts supplier to a diversified "precision forging expert" by innovating and developing new products, specifically the ball neck connecting arm, in response to market changes and supportive government policies during the "14th Five-Year Plan" period [1][2]. Group 1: Company Transformation - The company faced significant losses due to declining orders for engine connecting rods as the fuel vehicle market changed [1]. - In response to these challenges, the company decided to pivot towards producing ball neck connecting arms, which are critical components for high-end vehicles [1]. - The transition involved extensive research and development, including the creation of new molds and overcoming technical challenges associated with the unique structure of the ball neck connecting arm [1][2]. Group 2: Innovation and Support - The company received substantial financial support through various government initiatives aimed at promoting technological innovation, including high-tech enterprise subsidies and loans [1][2]. - Collaboration with educational institutions, such as the establishment of a joint innovation center with Three Gorges University, further bolstered the company's R&D efforts [1]. - The company has successfully developed 86 patents and achieved a monthly sales volume of 60,000 units for the ball neck connecting arm, marking a significant achievement in entering the global market [2]. Group 3: Future Outlook - The company's commitment to innovation and adaptation has led to continuous improvement in its operational efficiency and profitability [2]. - The successful development of products that meet European standards has positioned the company favorably in the competitive landscape of global manufacturing [2].